High Growth & Smooth Sailing of Electric Drive Module (eDM) Market, a US$ 10.7 billion Opportunity

The Cutting-Edge Stratview Insights:

Stratview Research prognosticates the market to grow at a healthy CAGR over the next five years and expects the market to cross over of US$ 10.7 billion mark by 2025.
The estimates are a result of market analysis over a period of 2013-18, Stratview Research goes to the depth of the issues shaping the market and estimates the most probable future growth rate for the Electric Drive Module (eDM) Market during the period 2019-25.

Identifying the Factors & Avenues of Growth

Tending to the most frequent questions and problems that consume the psyches of business visionaries and leaders, the new report of "Stratview Research" on the Electric Drive Module (eDM) Market responds to all the significant inquiries.

This decade is proving to be the most disruptive for the automotive industry with key trends, such as alternative vehicles, autonomous vehicles, shared vehicles, and connected vehicles, are primarily transforming the industry. Among all, alternative vehicles, especially electric vehicles, earned the most traction in the industry, owing to their zero-emission feature. The sheer interest of the non-automotive companies, such as Google and Apple, for the development of electric vehicles further augments the positive outlook of the electric vehicles in the coming years.

To make electric vehicle a more viable option for customers, automakers have rigorously been working for the development of efficient infrastructure, supply chain as well as high-performance and cost-effective components. Among many developments, One of the most promising achievements is the development of electric drive module (eDM). Electric vehicle powertrain has significantly evolved in the past few years, as researchers and manufacturers in the industry are paying significant attention and interest in the development of efficient powertrain solution for electric vehicles.

Electric drive module offers, a compact, highly integrated, and an all-in-one solution for the electric vehicle powertrain. The main three components (electric motor, power electronics, and transmission) of an electric powertrain are integrated into a single module in order to deliver improved performance and to omit many components, such as connectors, cables, and hydraulic connections.

The electric drive module market is a multi-million dollar business today and is estimated to grow to multi folds over the next seven years to reach US$ 10.7 billion in 2025. The expected journey of eDM from the current multi-million dollar business to two-digit billion dollar opportunity is primarily propelled by a magnificent growth in the demand for electric vehicles, owing to increasing adoption of electric vehicles over ICE vehicles, coupled with superior benefits of eDMs. This integrated system delivers high power-to-size ratio, excellent cost effectiveness, high system efficiency, excellent durability, and weight saving. It is a suitable claimant addressing the challenge of procuring individual components from a different supplier and further assembling of each component in the electric vehicle.

Unravelling the Critical Segments

The true picture of the market shall not emerge till the time the market is analyzed from various point of views. Each vantage point gives a better understanding of the market.
It would mean a lot understand with clarity that the market has various parts and insights on them might be critical to many players.
The market of Electric Drive Module (eDM) has been divided into categories such as by Powertrain Type, Vehicle Type, Peak Power Type, by Region. Insights on each segment can be of critical importance to any player.
Each segmented view helps us answer a prominent question, and we bring out the best market intelligence which is of interest to each and every player in the market, no matter where he lies in the value chain.
The answers to the prominent questions which are evinced out of above slicing of the market are:
● Which are the best performing segments of the market?
● Which is the most dominant region?
● Which material is the most promising?
● Who are the movers and shakers of the market?
● What are the regional growth hotspots?
● What are the segmental growth forecasts?

To get the feel of how our best in class, cutting-edge market research report feels, request a sample: https://www.stratviewresearch.com/Request-Sample/477/electric-drive-module-market.html

BorgWarner Inc. at the Helm

The top 5 players are BorgWarner Inc., Continental AG, Dana Incorporated, Denso Corporation, GKN Driveline.
Other important firms are hofer powertrain GmbH, Magna International Inc., Nidec Corporation, Nissan Motor Co., Ltd., Robert Bosch GmbH, Siemens AG, TESLA Inc., UQM Technologies Inc., ZF Friedrichshafen AG.

Emerging Trends:

>150 kW type to Remain the Dominant Segment

Based on the peak power type, the eDM market is segmented into 150 KW. >150 kW type is projected to remain the most dominant segment over the next five years, whereas 150 kW-based eDM currently founds usage in all the models of Tesla. Expected penetration of eDMs in MHCVs is further likely to boost the demand for >150 kW-based EDM in the future.

BEVs to remain the Growth Engine

The global electric drive module market is segmented based on the powertrain type as BEVs and PHEVs. BEVs are likely to remain the growth engines of the market during the forecast period. Increasing production of BEVs, especially from Tesla and Nissan, and an entry of other new start-ups and existing OEMs in the BEV segment are the major factors propelling the demand for eDMs in the vehicle type segment. Increasing penetration of eDMs and recent advancements, such as the development of 5th generation electric powertrain by BMW, are likely to drive the market in the PHEV segment during the same period.

The Americas to be the Largest Market

Based on the region, the Americas is projected to remain the largest market for eDMs during the forecast period. The USA is likely to remain the growth engine of the region’s market, owing to the presence of assembly house of the major electric vehicle OEMs, such as Tesla and Nissan, stringent emission standards from the regulatory bodies, and increasing penetration of electric vehicles.

At present, EMEA (Europe, Middle East, and Africa) is the second-largest market for eDMs. The UK and Germany are the two major contributors in the EMEA’s eDM market, owing to the presence of major auto OEMs and significant investment towards research & development to enhance electric powertrain.

Asia-Pacific is expected to witness the highest growth during the forecast period, owing to increasing adoption of electric vehicles in the economies, such as China, Japan, and South Korea, to curb fuel emission as well as targeting exports.

Subscribe to the Stratview advantage and Advance Your Business.
The insights delivered in our report helps business take bold decisions and make smarter moves. It is the emerging trends that have to be understood well in advance for the firms to take an informed decision. We can help you by giving you the market scenario and its growth hotspots. The decision still rests with you.

Click Here for Other Reports from Stratview Research in the Automotive & Transportation Industry: https://www.stratviewresearch.com/market-reports/Automotive-Transportation.html

400 Renaissance Center, Suite 2600, Detroit, Michigan, MI 48243 United States of America

About Stratview Research

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.

This release was published on openPR.